Question 1

Spam is ________.

Accepted Answer

A)  a form of firewall 
B)  intellectual property 
C)  junk e-mail 
D)  a form of hacking 
A)  a form of firewall 
B)  intellectual property 
C)  junk e-mail 
D)  a form of hacking

Question 2

Which transportation mode available in the United States carries the most tonnage?

Accepted Answer

Trucks carry the mos

Question 3

Information is the useful interpretation of data.

Accepted Answer

A) True 
 B)False

Question 4

Differences in transportation cost from mode to mode are most directly related to ________.

Accepted Answer

A)  packing necessary for the product 
B)  regularity of use of a given carrier 
C)  discount agreements with the carriers 
D)  delivery speed 
A)  packing necessary for the product 
B)  regularity of use of a given carrier 
C)  discount agreements with the carriers 
D)  delivery speed

Question 5

What is the major limitation of Wi-Fi?

Accepted Answer

A)  high cost 
B)  privacy concerns 
C)  productivity 
D)  short range of distance 
A)  high cost 
B)  privacy concerns 
C)  productivity 
D)  short range of distance

Question 6

Computer networks allow users to share resources and avoid costly duplication.

Accepted Answer

A) True 
 B)False

Question 7

Costs that are unaffected by the quantity of a product sold are ________ costs.

Accepted Answer

A)  variable 
B)  selling 
C)  fixed 
D)  on-going 
A)  variable 
B)  selling 
C)  fixed 
D)  on-going

Question 8

A company that operates its own ________ has total control over its communications without dependence on other companies.

Accepted Answer

A)  Web site 
B)  VSAT system 
C)  Extranet 
D)  Groupware site 
A)  Web site 
B)  VSAT system 
C)  Extranet 
D)  Groupware site

Question 9

What is TRUE regarding an information system?

Accepted Answer

A)  The information system is a single system. 
B)  The information system may be a set of several information systems. 
C)  The information system serves a single level of the organization. 
D)  Information systems are seldom specialized. 
A)  The information system is a single system. 
B)  The information system may be a set of several information systems. 
C)  The information system serves a single level of the organization. 
D)  Information systems are seldom specialized.

Question 10

________ are the fastest and most expensive transportation mode.

Accepted Answer

A)  Railroads 
B)  Airplanes 
C)  Pipelines 
D)  Water carriers 
A)  Railroads 
B)  Airplanes 
C)  Pipelines 
D)  Water carriers

Question 11

An advantage of VSAT satellite communications is ________.

Accepted Answer

A)  speed 
B)  low cost 
C)  privacy 
D)  groupware 
A)  speed 
B)  low cost 
C)  privacy 
D)  groupware

Question 12

What is an intermediary? Describe three types of intermediaries.

Accepted Answer

An intermediary is an individual or firm

Question 13

From the choices below,pick the best definition of the term fixed costs.

Accepted Answer

A)  setting a price for a product and sticking to it 
B)  the cost of acquiring fixed assets 
C)  costs that are unaffected by the number of goods sold by the firm 
D)  cost that seem to stay the same from year to year 
A)  setting a price for a product and sticking to it 
B)  the cost of acquiring fixed assets 
C)  costs that are unaffected by the number of goods sold by the firm 
D)  cost that seem to stay the same from year to year

Question 14

Which of the following is NOT an advantage of information technology?

Accepted Answer

A)  creating leaner, more efficient organizations 
B)  enabling greater collaboration 
C)  increased face-to-face contact 
D)  providing remote access to instant information 
A)  creating leaner, more efficient organizations 
B)  enabling greater collaboration 
C)  increased face-to-face contact 
D)  providing remote access to instant information

Question 15

The ________ is the branch of the Internet consisting of interlinked hypertext documents.

Accepted Answer

A)  SMTP 
B)  World Wide Web 
C)  information exchanges 
D)  data meters 
A)  SMTP 
B)  World Wide Web 
C)  information exchanges 
D)  data meters

Question 16

Price lining involves ________.

Accepted Answer

A)  setting an initial low price to establish a new product in the market 
B)  setting a limited number of prices for certain categories of products 
C)  setting prices in uneven dollar amounts 
D)  setting an initial high price to cover new product costs and generate a profit. 
A)  setting an initial low price to establish a new product in the market 
B)  setting a limited number of prices for certain categories of products 
C)  setting prices in uneven dollar amounts 
D)  setting an initial high price to cover new product costs and generate a profit.

Question 17

Short Case Scenario 12-1
Bill and Farrah have been recently hired by Superior Stereo Systems, a cutting-edge manufacturer of stereo speakers. Both Bill and Farrah have been assigned to work on two product teams, the Superior V, an existing product, and the Superior VI, a brand new speaker technology. The Super V is reviewing the pricing strategy used to this point. Bill, a recent graduate with a degree in economics, is insistent that they should price the speakers to maximize profits. He explains, "It is basic economics-companies price their products to maximize products. There's no question-this is the strategy that we should take." Farrah, remembering what she learned in her marketing courses, isn't so sure that Bill is on the right track. The technical specifications of the Superior VI speakers have been worked out, but the team is struggling with pricing. Some members of the group think that the speakers should be priced higher than the Superior V, while others are arguing for a lower price.
-How might Superior benefit from using e-catalogs?

Accepted Answer

E-catalogs use the Internet to display p

Question 18

Differentiate between fixed costs and variable costs.

Accepted Answer

Fixed costs remain constant wi

Question 19

With more than 3 million drivers,trucks haul more than two-thirds of all tonnage carried by all modes of U.S.freight transportation.

Accepted Answer

A) True 
 B)False

Question 20

The BlackBerry system operates via a wireless wide-area network (WWAN).

Accepted Answer

A) True 
 B)False

Spam is ________.

Which transportation mode available in the United States carries the most tonnage?

Information is the useful interpretation of data.

Differences in transportation cost from mode to mode are most directly related to ________.

What is the major limitation of Wi-Fi?

Computer networks allow users to share resources and avoid costly duplication.

Costs that are unaffected by the quantity of a product sold are ________ costs.

A company that operates its own ________ has total control over its communications without dependence on other companies.

What is TRUE regarding an information system?

________ are the fastest and most expensive transportation mode.

An advantage of VSAT satellite communications is ________.

What is an intermediary? Describe three types of intermediaries.

From the choices below,pick the best definition of the term fixed costs.

Which of the following is NOT an advantage of information technology?

The ________ is the branch of the Internet consisting of interlinked hypertext documents.

Price lining involves ________.

Differentiate between fixed costs and variable costs.

With more than 3 million drivers,trucks haul more than two-thirds of all tonnage carried by all modes of U.S.freight transportation.

The BlackBerry system operates via a wireless wide-area network (WWAN).

The U.S.Business Environment

Business Ethics and Social Responsibility

Entrepreneurship, New Ventures, and Business Ownership

The Global Context of Business

Business Management

Organizing the Business

Operations Management and Quality

Employee Behavior and Motivation

Leadership and Decision Making

Human Resource Management and Labor Relations

Marketing Processes and Consumer Behavior

The Role of Accountants and Accounting Information

Money and Banking

Managing Finances

Filters

Exam 12: Pricing, Distributing, and Promoting Products

Spam is ________.

Which transportation mode available in the United States carries the most tonnage?

Information is the useful interpretation of data.

Differences in transportation cost from mode to mode are most directly related to ________.

What is the major limitation of Wi-Fi?

Computer networks allow users to share resources and avoid costly duplication.

Costs that are unaffected by the quantity of a product sold are ________ costs.

A company that operates its own ________ has total control over its communications without dependence on other companies.

What is TRUE regarding an information system?

________ are the fastest and most expensive transportation mode.

An advantage of VSAT satellite communications is ________.

What is an intermediary? Describe three types of intermediaries.

From the choices below,pick the best definition of the term fixed costs.

Which of the following is NOT an advantage of information technology?

The ________ is the branch of the Internet consisting of interlinked hypertext documents.

Price lining involves ________.

Differentiate between fixed costs and variable costs.

With more than 3 million drivers,trucks haul more than two-thirds of all tonnage carried by all modes of U.S.freight transportation.

The BlackBerry system operates via a wireless wide-area network (WWAN).

The U.S.Business Environment

Business Ethics and Social Responsibility

Entrepreneurship, New Ventures, and Business Ownership

The Global Context of Business

Business Management

Organizing the Business

Operations Management and Quality

Employee Behavior and Motivation

Leadership and Decision Making

Human Resource Management and Labor Relations

Marketing Processes and Consumer Behavior

The Role of Accountants and Accounting Information

Money and Banking

Managing Finances

Filters